Question
Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 21,000 shares of cumulative preferred 2% stock, $110 par,
Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 21,000 shares of cumulative preferred 2% stock, $110 par, and 70,000 shares of $15 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $30,870; second year, $71,530; third year, $111,580; fourth year, $176,400. Compute the dividend per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, leave it blank. 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend per share) $fill in the blank 1 $fill in the blank 2 $fill in the blank 3 $fill in the blank 4 Common stock (dividend per share)
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